Common use of Applicable Margin and Yield Clause in Contracts

Applicable Margin and Yield. The Applicable Margin and any other components of yield on any Revolving Facility Increase payable to the Lenders making such Revolving Facility Increase may be higher than the then current Applicable Margin (or any other components of yield) on the Revolving Loans calculating yield in the same manner but in each case by no more than 50 basis points (it being understood that the Revolving Loan pricing will be increased and/or additional fees will be paid to Lenders holding Revolving Commitments to the extent necessary to satisfy such requirement).

Appears in 2 contracts

Samples: Credit Agreement (Carrols Restaurant Group, Inc.), Credit Agreement (Carrols Restaurant Group, Inc.)

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Applicable Margin and Yield. The Applicable Margin and any other components of yield on any the Revolving Facility Increase payable to the Lenders making such Revolving Facility Increase may be higher than the then current Applicable Margin (or any other components of yield) on the Revolving Loans Credit Facility, calculating yield in the same manner but in each case by no more than 50 basis points (it being understood that the Revolving Loan Credit Facility pricing will be increased and/or additional fees will be paid to Revolving Lenders holding Revolving Commitments to the extent necessary to satisfy such requirement).

Appears in 2 contracts

Samples: Credit Agreement (Innophos Holdings, Inc.), Credit Agreement (Innophos Holdings, Inc.)

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Applicable Margin and Yield. The Applicable Margin and any other components of yield on any the Revolving Facility Increase payable to the Lenders making such Revolving Facility Increase may be higher than the then current Applicable Margin (or any other components of yield) on the Revolving Loans Facility (and any prior Revolving Facility Increase, as applicable), calculating yield in the same manner manner, but in each case by no more than 50 basis points (it being understood that the pricing on the Revolving Loan pricing Facility will be increased and/or additional fees will be paid to Lenders holding Revolving Commitments Loans to the extent necessary to satisfy such requirement).

Appears in 1 contract

Samples: Credit Agreement (VOXX International Corp)

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